2022 California Individual Tax Update & Federal - Agenda
This three-part webcast covers the difference between Federal and California individual tax issues. Each lesson deals with unique CA tax issues as well as compliance and non-compliance with federal law.
2022 California Individual Tax Update & Federal Differences - Lesson 1 of 3
This 2-hour lesson covers the following:
- Filing Status
- Dependents
- Dependent Exemption Credit
- Exemption Credits
- Alimony
- Death of a Taxpayer
- Clergy
- Co-Owned Property
- Military Issues
- Foreign Income of Nonresident Aliens
- Community Property Issues
- Registered Domestic Partners
- RDPs Subject to Community Property Rules
- Filing Complications for RDPs
- Foreign Information Reporting
- Non-resident & Resident Alien Status
- Coins & Precious Metals
- ID Theft & Tax Fraud Issues
- Resident and Non-resident
- Wages
- Ottoman Empire Settlements
- Utility Rebates
- State Income Tax Refund
- Unemployment Compensation
- Income Exempt by U.S. Treaties
- Social Security Benefits
- Railroad Retirement
- Capital Gains & Capital Gain Dividends
- Patents
- Capital Gain Deferral
- Stock Options
- Qualified Small Business Stock
- Home Sale
- Home Mortgage Debt Forgiveness
- PPP Loan Forgiveness
- Student Loan Debt Forgiveness
- Purchase Money Trust Deed Anti-Deficiency Law
- Short Sale Anti-Deficiency Law
- Damage Awards & Settlements
- American Indian Income Taxation
- Portfolio Income
- Interest Tracing Rules
- Qualified Opportunity Funds
- Small Business COVID Relief Grant Program
- E-File & E-Pay Requirements for Business
- Clubs
- Disabled Access Credit
- Family Employment
- Use Tax
- Business Registration & Reporting – Use Tax Accounting Methods
- Change of Accounting Methods
- MACRS Rules
- Limited Liability Companies
- Asset Expense Election (Sec 179)
- Listed Property
- Intangibles
- 1099-NEC Filing Requirements
- Employee or Independent Contractor?
- Independent Contractor Reporting Requirements Civil Penalties for Willful Misclassification
- Meals & Entertainment
2022 California Individual Tax Update & Federal Differences - Lesson 2 of 3
This 2-hour lesson covers the following:
- Vehicle Expenses
- Travel Expenses
- Business Use of Home
- Net Operating Loss
- Rental Activities
- Withholding on Real Estate Sales
- Installment Sales
- Tax-Deferred Exchanges (Sec 1031)
- 1099-A Passthrough Deduction
- Excess Business Losses
- Disallowance of Business Interest
- Real Estate Professional
- Repairs and Capital Improvements
- Cannabis Business Issues
- Reasonable Compensation
- Business Expenses and PPP Loan Forgiveness Employee Retention Credit
- Restaurant Revitalization Grants
- Public Safety Officer Death Benefit
- Pensions & Annuities
- Canadian Registered Retirement Savings Plans (RRSP) Lump Sum Distributions
- Rollovers
- Traditional IRA
- Roth IRAs
- IRA to Charity Transfers (QCD)
- Required Minimum Distribution (RMD
- Tax on Early Distributions
- Self-Employed Retirement
- Flexible Spending Account (FSA)
- Health Savings Accounts (HSA)
- CalSavers Retirement Savings Program
- Coverdell Accounts
- Employer Provided Educational Assistance
- Education Accounts
- Qualified Tuition Programs (Sec 529)
- Able Accounts
- Moving Expenses
- Student Loan Interest
- Foreign Earned Income & Housing Allowance
- U.S. Savings Bond Interest Exclusion
- Workers Compensation
- Educator Expense
- Standard Deduction
- Itemized Deduction
- Medical
- Taxes
- Home Mortgage Interest
- Investment Interest
- Charitable Contributions
- Miscellaneous Deductions
- Legal Expenses
2022 California Individual Tax Update & Federal Differences - Lesson 3 of 3
This 2-hour lesson covers the following:
- Casualty & Disaster Losses
- Gambling Losses
- Alternative Minimum Tax
- Kiddie Tax
- Self-Employed Tax
- Farming & Fishing Averaging
- Mental Health Services Tax
- Tax Brackets
- Child & Dependent Care Credit
- Young Child Tax Credit
- Earned income Tax Credit
- Claim of Right Provisions
- Business Credit Limitations
- Main Street Small Business Tax Credit
- New Employment Credit
- Adoption Credit
- Pension Start Up Credit
- Renters Credit
- Employer Child Care Contribution Credit
- Senior Head of Household Credit
- Joint Custody Head of Household Credit
- Dependent Parent Credit
- Natural Heritage Preservation Credit
- Film Credits
- Research Credit
- CA Competes Credit
- College Access Credit
- Penalties. Taxpayer
- Penalties. Preparer
- Estimated Tax Underpayment Penalties
- CA Health Insurance Assistance
- Penalty for Not Being Insured
- Estimated Tax Payments
- Innocent Spouse
- Offer In Compromise
- Household Employee
- Gift, Estate & Inheritance Tax
- Basis
- Installment Agreements